Fametal / Alaço, which specializes in steel construction and steel coatings, invest 4.5 million euros in new equipment in the two factories in Ourém, Santarém, to increase competitiveness, namely in the foreign market, the Portuguese group said today.
A seminar on Steel construction organized by the Portuguese Association of Steel and Composite Construction will be held on December 7, at the University of Minho. In this region, the sector represents about 2200 direct jobs. Metallic structures manufacturing companies reached a turnover of around € 195 million in 2015. Steel construction is used in new construction and rehabilitations.
The dynamism of the steel construction industry remains an exception in the Portuguese economy. The macroeconomic context has been marked in recent years by the slowdown in worldwide and national economic growth, with a strong impact on the national construction sector.
"Steelwork solutions are proving to be more competitive each year in both the evolving and demanding markets of Europe and in the emerging markets of several continents, such as Africa and Latin America."
Promoting the importance of Portuguese Steel Construction in potential markets will be the main objective of the 1st Portugal Steel Forum, organized by CMM, which will bring together the US, Luso-Arab and Argentine Chambers of Commerce, on the 23rd June in Coimbra.